PA Media unveils new umbrella brand for betting operations

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter PA Media unveils new umbrella brand for betting operations Subscribe to the iGaming newsletter The PA Media Group has announced the launch of PA Betting Services, the new umbrella brand for all of its sports betting operations. The PA Media Group has announced the launch of PA Betting Services, the new umbrella brand for all of its sports betting products and solutions.PA Betting Services will encompass all multimedia betting content and services for existing customers, as well as key target markets such as the US and Africa.According to PA Media Group, which runs the PA Media national news agency for the UK and Ireland, the rebrand will enable the business to diversify into new sports and multimedia solutions, while continuing to offer its existing services.PA Betting Services already provides data collection and distribution for horse racing, greyhound racing and football, as well as sports editorial and esports products.In addition, the new umbrella brand will consolidate certain specialisms within the PA Media Group, including video streaming, expert editorial across words, images, video and infographics, it added.“The creation of this new brand identity is an important step in our strategy to provide a wider range of customers with an innovative new offering that responds to their changing needs,” PA Media Group’s managing director of racing and betting, Michael Grenham, said.“PA Betting Services is uniquely positioned to capitalise on PA’s unparalleled expertise and international reach as the global betting market continues to evolve,” Grenham explained. “Ours is a brand that is trusted around the world – PA has been synonymous with quality and integrity for decades and those attributes will continue to guide our growth ambitions.”Image: Steindy Regions: UK & Irelandcenter_img Topics: Sports betting Strategy Email Address Sports betting 16th January 2020 | By contenteditorlast_img read more

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Uefa urges associations to complete 2019-20 seasons

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Sports betting Tags: Online Gambling OTB and Betting Shops European football’s governing body Uefa has called on all of its associations to complete their 2019-20 seasons despite the ongoing novel coronavirus (Covid-19) crisis. Uefa urges associations to complete 2019-20 seasons Subscribe to the iGaming newsletter European football’s governing body Uefa has called on all of its associations to complete their 2019-20 seasons despite the ongoing novel coronavirus (Covid-19) crisis.In related news, bookmaker William Hill has revealed its plans for settling outstanding bets on competitions that face being cancelled or ended without all fixtures being completed.Almost all national associations that are members of Uefa halted play in their domestic competitions last month to help combat the spread of the coronavirus, with the Belarus Premier League currently the only major league in Europe still playing.Uefa also suspended play across both its Champions League and Europa League cup competitions in mid-March and delayed its 2020 European Championship national team tournament until next year as a result of the outbreak.Though play remains suspended across almost all countries, Uefa has reiterated its desire for all national leagues in Europe to complete the 2019-20 season and discussed a number of potential options with its 55 members during a video conference call yesterday (21 April).“There was a strong recommendation given to finish domestic top division and cup competitions, although it is understood that there may be some special cases,” Uefa said.“With this in mind, Uefa is currently developing some guidelines concerning participation in its club competitions, in order to assist its member associations in case of a cancelled league or cup.”Uefa added that it would discuss any developments at its executive committee meeting due to take place tomorrow.England’s Premier League, Spain’s La Liga and the Italian Serie A are among the major leagues that have already expressed their desire to finishing the current campaign, despite their competitions being indefinitely suspended.However, the Belgian First Division A earlier this month announced an end to its campaign, crowing Club Brugges as 2019-20 champions. Club Brugges was top of the league, 15 points ahead of second, when play was suspended in March. It is not yet clear whether the league will face sanctions from Uefa for ending the season at this time.Questions have also been raised about the future of this season’s Eredivisie in the Netherlands, after the country’s government extended a ban on all major events until 1 September.The Royal Dutch Football Association KNVB said that as a result of the ban, it “intends not to continue playing the 2019/20 competition”. However, the KNVB also said it would discuss its options with Uefa before ending the season, while a meeting with clubs and other stakeholders will take place later this week.A debate is raging over whether to end the Scottish football season. While the country’s lower leagues have already been ended, talks are ongoing about a reconstruction of the Scottish Premiership. Some clubs have asked for a final decision – which would see Celtic crowned champions for the eighth consecutive season – until a feasibility study on completing the 2019-20 fixtures has been carried out.Meanwhile, William Hill has told iGB that it will settle any bets on suspended competitions until a decision over the 2019-20 season is made by the relevant association or organisation.A spokesperson for the bookmaker said if a league chooses to end a season early and declare a team as champion, it would pay out on bets placed for the team to win the league. If a competition were to be cancelled and no champion declared, it would declare all bets void.In terms of wagers relating to other criteria such as top goalscorers, qualification for European competitions and relegated teams, the spokesman said William Hill would judge each bet on a case-by-case basis.Customers unhappy with a decision about a bet would be able to take up their case with the Independent Betting Adjudication Service (IBAS), the alternative betting dispute service, the operator added. Topics: Sports betting Strategy Email Address 22nd April 2020 | By contenteditorlast_img read more

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The Gambling Review Podcast: Episode 2

first_img3rd November 2020 | By Daniel O’Boyle AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Gambling Review Podcast: Episode 2 Subscribe to the iGaming newsletter Topics: Legal & compliance Listen online here! Regions: UK & Ireland Podcast: Play in new window | Download Daniel catches up with Deputy Leader of Welsh Labour Parlimentary Private Secretary to the Leader of the Opposition and Chair of the Gambling Related Harm All Party Parliamentary Group, Carolyn Harris. Legal & compliance Email Addresslast_img

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Raketech boosted by Lead Republik and US expansion in Q3

first_imgCasino remained the operator’s strongest segment, contributing 85.5% of total revenue compared to 67.3% in Q3 2019. Finance Raketech boosted by Lead Republik and US expansion in Q3 11th November 2020 | By Richard Mulligan Raketech was boosted by income from recent acquisition Lead Republik and US growth as it posted a double-digit increase in revenue during the third quarter. In a trading update for the three months to 30 September, the Stockholm-listed online affiliate and content marketing provider said revenues were up 23.9% year-on-year to €7.4m. In terms of geographical footprint, revenue from the Nordics reduced from 90.4% to 80.4%, as Raketech welcomed greater input from other markets, including the US, where TVsportsguide went live ahead of schedule. It now has licences in seven US states, with Pennsylvania, Michigan and West Virginia added during Q3. Tags: Raketech “With this acquisition in place our global footprint is significantly widened, and the US has shifted from a strategic target to a strategic market.” “The third quarter of 2020 was yet another operationally productive and stable quarter where we managed to deliver strong results despite tough and volatile macro conditions,” said chief executive Oskar Mühlbach. Revenue share agreements made up 42.5% of income, which was down on 56.4% in Q3 2019. Upfront payment grew to 39.7% while flat fee increased to 17.8%. EBITDA grew by 8.3% to €2.9m, although margin was down from 45.5% to 39.8%, which was primarily due to Lead Republik being a lower margin product offering. Other major outgoings included product development costs and an increase in employee benefit expenses due to the onboarding of senior management and a slight increase in headcount. The impact of Lead Republik – the Canada and Germany-facing performance marketing company which was acquired in March 2020 – on the results was highlighted by Raketech’s sizeable leap in overall revenue compared to organic growth of just 3.2%.center_img Direct expenses increased to €1.9m in the main because of an uptick in paid media through the new product offering following the acquisition of Lead Republik. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The operator posted an overall operating profit of €1.5m, which was down 2% on 2019. “As previously announced our M&A efforts have during the quarter been intensive and I am happy to be able to conclude that we, only a few days prior to this report, managed to close the acquisition of AmericanGambler.com, which is a sports asset targeting the US. Topics: Finance Q3 results 2020 Raketech said that while sport has not yet returned to pre-Covid 19 levels, there was a significant upswing towards the end of the reporting period, most notably in relation to flagship assets TVsportsguide and Denmark’s BetXpert. Sport contributed 11.1% of revenues, compared to 27.5% in Q3 2019. New depositing customers almost doubled from 26,782 in Q3 2019 compared to 52,344 this year, in part due to turbulence in the Swedish market in the early part of the reporting period. “We also delivered on strategically important milestones such as a footprint in the US. The operator said the rest of the world is expected to contribute as much as 25% of revenue by the end of this year following the €5m acquisition of AmericanGambler earlier this month. Regions: Nordics Subscribe to the iGaming newsletter Email Addresslast_img read more

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Syncronite by Yggdrasil Gaming

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Slots Email Address Syncronite is a classy, art-deco style game with atmospheric music and the possibility to win 64,000x bet on a single spin. Companies: Yggdrasil Topics: Casino & games Slots Game type:Video slotGo-live date (expected):19/11/2020Game special features:Splitz mechanic: the Splitz feature happens when between two and six Splitz symbols land on the reels. When they land, they all split up to eight times and turn randomly into one of the other symbols, with the result that all will reveal the same symbol for a more significant win. Synced reels: Syncronite is all about being in sync! Our new Synced reel feature can lead to some exciting wins. 2-6 reels are synchronized and mirror each other on each spin. The more sync, the bigger the win.Number of paylines:729 – 21,168Number of reels:6RTP% (recorded/theoretical):96%Variance/volatility:HighNumber of symbols to trigger feature/bonus?:3+ land on 3+ adjacent reels from the leftmost reel. There is also the diamond symbol which pays out from just 2 symbols.Can feature be retriggered?NoNumber of free spins awarded?NoneStacked or expanding wilds in normal play?NoStacked or expanding wilds in feature play?NoNumber of jackpot tiers?NoneAuto-play function?:Yescenter_img 10th November 2020 | By Aaron Noy If the Great Gatsby was a slot machine, it’d be Syncronite. Sync and win big in this exciting new slot featuring the Splitz mechanic. Syncronite by Yggdrasil Gaming Subscribe to the iGaming newsletter You can play the demo of this slot here!last_img read more

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Safer Online Gambling Group secures ISO 9001 accreditation

first_img Regions: UK & Ireland Responsible gambling Subscribe to the iGaming newsletter Tags: Safer Online Gambling Group Safer Online Gambling Group secures ISO 9001 accreditation Founded in 2019 by father and son team David and Adam Bradford, SOGG works across a number of sectors to provide solutions to support addicts and their families, as well as to prevent gambling-related harm. The group also works with GVC Holdings as part of the operator’s ‘Changing for the Bettor’ campaign. Email Address SOGG chief executive and co-founder Adam Bradford said the group hopes to also more work closely with the Great Britain Gambling Commission on its national strategy to better address safer gambling moving forward.center_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Ryan Bradford, project manager at SOGG, added: “The ISO mark symbolises robustness within our processes and management and will be a great enabler for the organisation as we continue to work, support and prioritise those affected by gambling.” Topics: Responsible gambling The Safer Online Gambling Group (SOGG) has secured the ISO 9001 accreditation standard, certifying it as an organisation committed to continual improvement and delivering high quality services and products to clients. 23rd November 2020 | By Robert Fletcher This partnership has included designing digital therapy tools to stem gambling problems and provide support to those suffering with related harm. “There is a lot of change afoot in gambling regulation and in the sector from every perspective, but our drive and focus is around advancing much needed digital solutions which bring together stakeholders and make for a safer gambling experience for all,” SOGG chief executive and co-founder Adam Bradford said.last_img read more

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GB market contracts following B2 stake cut

first_imgOnline gaming, comprising sports betting, bingo and casino, was the biggest contributor to revenue, accounting for £5.68bn of the total, up 8.1%.  The National Lottery, on the other hand, generated sales of £7.90bn, comprising £5.45bn in retail sales and £2.46bn online. From this it generated gross yield of £3.40bn, up 10.4%.  Email Address 30th November 2020 | By Robin Harrison Regions: UK & Ireland Subscribe to the iGaming newsletter Turning to land-based gambling, and gaming machine revenue dropped 25.6% year-on-year to £2.09bn, after maximum stakes for B2 machines were cut from £100 to £2 in April 2019.  GB market contracts following B2 stake cut The channel’s growth was driven by a strong performance from online sports betting, for which revenue climbed 15.5% to £2.33bn, though it remained the second largest vertical after casino, for which revenue was up 3.7% to £3.18bn. Bingo, meanwhile, saw revenue grow marginally, rising 0.5% to £176.8m.  Bingo halls also reported year-on-year declines in revenue, which fell 5.7% to £636.0m, with casino revenue down 4.0% to £1.02bn. This meant that arcades were the only land-based premises to report growth for the year, with revenue up 8.8% to £477.3m.  This contributed to gross gaming yield (stakes minus payouts) for market declining marginally, falling 0.6% year-on-year to £14.22bn (€15.83bn/$18.97bn). The B2 stake cut contributed to total betting shop revenue falling 26.4% to £2.40bn, which was accompanied by a 7.7% drop in the number of shops open by the end of the year, to 7,681 premises.  This led to yield from the machines plummeting to £12.1m, a 99.0% drop. This was partially offset by growth in revenue for other machine categories, namely B3 machines, for which GGY jumped 39.5% to £1.54bn.  There was more marginal growth B1 machines, with a maximum stake of £5, for which revenue increased to £214.8m, with yield for category B4, C and D terminals all declining.  The lottery vertical, meanwhile, saw growth across both large society lotteries and the National Lottery. Excluding the Camelot-operated lottery, revenue was up 13.3% to £611.6m, though the total generated for good causes dropped 10.7% to £366.8m. Figures from the GB Gambling Commission covering the year to March 31, 2020 reveal that revenue from B2 gaming machines (or fixed odds betting terminals) plummeting after maximum stakes for the devices were cut to £2 in April 2019. Topics: Finance Lottery Sports betting Bingo Land-based casino Online casino Slots Results 2020 Online lottery Retail lottery State monopoly Online sports betting Retail sports betting Tags: Gambling Commission The final 11 days of the reporting period also saw land-based gambling venues closed due to novel coronavirus (Covid-19), and the sporting calendar significantly reduced by the pandemic.  Results 2020 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more

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Spain iGaming Dashboard – Q3 2020

first_imgAs both domestic and international football leagues resumed, punters’ attention turned towards betting, leading to the vertical regaining its position as the largest in the Spanish market. Finance But despite rebounding strongly on a quarter-on-quarter basis to pull in revenues of €85.1m, betting GGR remained significantly down on a year-on-year basis, registering a 15.5% drop. 21st January 2021 | By Joanne Christie Spain iGaming Dashboard – Q3 2020 The much smaller vertical of bingo also gained during the pandemic, but as with poker, revenues here also dropped off in the third quarter. But despite being down 22.9% on the previous quarter, bingo GGR remained up 22.6% on a year-on-year basis. This was particularly evident in new player registrations, which were up an enormous 139.4% on a quarter-on-quarter basis, as well as having risen 30.2% year-on-year. European corporate advisory firm Ficom Leisure is a specialist in all segments of the betting and gaming sector. During the peak of the first Covid-19 wave and with most sporting events cancelled, casino had performed strongly in Spain, so much so that it overtook betting as the vertical with the largest market share in the second quarter. The return of sporting events saw the market shares of the major verticals shift back towards pre-Covid levels in Spain’s online market in the third quarter of last year. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The number of active players was up 37.1% on a quarter-on-quarter basis, though was flat on the same period the previous year. Email Address However, it appears many players were quick to abandon their substitute games once sports came back online and poker also suffered a large year-on-year fall in the third quarter. With revenues of €23m, poker revenues were down almost 40% on the second quarter. But the quarterly total did represent a 12.3% increase on the same period the previous year, so there’s a possibility some of the vertical’s gains due to Covid-19 may prove permanent. Regions: Europe Spain The lifting of the pandemic-induced temporary advertising restrictions appeared to have an impact on player numbers during the third quarter. After falling significantly in the second quarter, when marketing was heavily restricted, numbers rebounded strongly during Q3. Subscribe to the iGaming newsletter Ficom Leisure also provides exclusive monthly estimates on the Italian online market in the Italy iGaming Dashboard, including operator market shares across casino, sports betting and poker. Similarly, as was the case in many other jurisdictions, poker also surged during the period, with revenues up almost 100% during the second quarter. The situation was reversed in casino, however, with the market’s second largest vertical experiencing a 10.3% quarter-on-quarter fall but a 26% year-on-year increase with revenues of €83.9m. It also provides monthly estimates on several US states, including New Jersey in the New Jersey iGaming Dashboard, Pennsylvania in the Pennsylvania iGaming Dashboard and Iowa in the Iowa iGaming Dashboard. Topics: Casino & games Finance Sports betting Bingo Pokerlast_img read more

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Delaware sees sports betting revenue increase in March

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter While this figure is still shy of the $1.7m posted in January, it is a 40.9% increase compared to March 2020. Uncategorized Subscribe to the iGaming newsletter Regions: US Delaware Delaware sees sports betting revenue increase in March Tags: Delaware Dover Downs Harrington Raceway Delaware Park Though revenue increased, Delaware saw a handle decrease for a second consecutive month; the figure posted was $6.7m which represents an 8.8% decrease from February and a 42.8% decrease from January. Email Address 6th April 2021 | By Nosa Omoigui The Delaware Sports Lottery has revealed that the state saw a year-on-year. increase in sports wagering revenue for March, by 27.1% to $966,752. Topics: Uncategorized Read the full story on iGB North America. last_img read more

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Playtech launches in Michigan with Parx Interactive and Gun Lake Casino

first_img Regions: Michigan AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online casino Read the full story on iGB North America. Playtech launches in Michigan with Parx Interactive and Gun Lake Casino 28th April 2021 | By Robert Fletcher The new app is based around the tribe’s Gun Lake Casino, which, together with Parx ,this week secured approval from the Michigan Gaming Control Board to launch in the state. Topics: Online casino Tribal gaming “Parx is constantly expanding its offerings to take user experience to another level, and to do so with Playtech’s industry leading content is particularly exciting,” Parx Casino’s senior vice president of igaming and sports, Matthew Cullen, said. Tags: Playtech Parx Casino Gun Lake Casino Subscribe to the iGaming newsletter Email Address Gambling technology group Playtech has expanded into the Michigan market by launching a new igaming mobile app in partnership with platform provider Parx Interactive and the Gun Lake Band of Pottawatomi Indians. Play Gun Lake will run on Playtech’s IMS platform and Player Account Management and feature a range of online gambling content from Playtech. The launch forms part of a partnership agreed between Playtech and Parx Interactive in February, with further igaming roll-outs planned in  New Jersey, Pennsylvania and Indianalast_img read more

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